ABA Journal

Corporate Law

3034 ABA Journal Corporate Law articles.

‘King Charles clause’ limits new board overseeing Disney World, put in place after DeSantis’ feud

An agreement enacted by Disney World’s oversight board before its control was turned over to political appointees preserves power for Disney at the expense of the new board—and for quite a long time, thanks to a "King Charles clause."

BigLaw firm seeks COVID-19-era rent abatement in $30M suit

Crowell & Moring has filed a lawsuit contending that it is entitled to a rent abatement and interest totaling $30 million because of a “force majeure event” that interfered with its use of the property.

Former BigLaw partner accused of lying to bankruptcy court to keep pricey home, Aston Martin

A former BigLaw lawyer who previously gave up his law license has been arrested for allegedly lying to a bankruptcy court about his ability to pay creditors.

Group led by Justice Thomas’ wife raised nearly $600K to battle ‘cultural Marxism;’ donors are unknown

Virginia “Ginni” Thomas, the wife of U.S. Supreme Court Justice Clarence Thomas, led a conservative group that received nearly $600,000 in donations through a “fiscal sponsorship” provided by a think tank.

Prosecution of environmental lawyer Steven Donziger broke ‘basic constitutional promise,’ 2 SCOTUS justices say

Two conservative justices are raising concerns about judge-appointed prosecutors in a dissent from the U.S. Supreme Court’s refusal to hear the case of disbarred environmental lawyer Steven Donziger.

Many young people arrested for Chicago carjackings have been exposed to violence daily, lawyer and pastor says

As rises in Chicago carjackings continue to increase fear among many residents, Cliff Nellis, an attorney and pastor who founded the Lawndale Christian Legal Center, says his nonprofit group represents a fair amount of young people charged with the crime.

Former BigLaw attorney gets 1-year suspension for trading on information learned as conflicts counsel

A former Cozen O’Connor attorney has agreed to a one-year suspension of his law license in Pennsylvania for using information that he learned as a conflicts attorney to buy stock in advance of a merger.

Impurr-fect evidence dooms suit over couple’s initial plans to declaw adopted Himalayan kitten

A Louisiana law governing the sale of good worth more than $500 has doomed a lawsuit filed by a woman seeking to prevent the declawing of a Flame Point Himalayan kitten she sold to a North Carolina couple.

Lawyers kicked off Twitter sue for breach of contract, citing Musk’s amnesty tweet

Husband-and-wife lawyers Jared and Elizabeth Lee Beck have filed a breach of contract suit in a bid for reinstatement to Twitter that is based on an Elon Musk tweet.


Supreme Court gets the scoop on doggy toy, whiskey parody case

Executives at Jack Daniel’s, whose whiskey was first sold under that name in 1875, have requested that VIP Products stop selling dog chew toys shaped like liquor bottles but with parody names and themes, leading to a major trademark case that the U.S. Supreme Court will take up March 22.

Law firms have ‘another risk to contemplate’ after failure of bank that catered to their needs

The failure of Signature Bank in New York could lead to delays in accessing capital by the many midsize law firms that used its services, despite the government’s takeover of the financial institution, according to reporting by Law.com.

Health care providers divulge patient information to Facebook, other third parties, lawsuits allege

An increasing number of lawsuits are alleging that tracking tools on health care websites and patient portals allow Facebook and other third parties to obtain confidential medical information.

LeClairRyan trustee settles with last president of law firm

LeClairRyan’s bankruptcy trustee has reached a settlement with the defunct law firm’s last president and four lawyers serving on its board in 2019.

DoNotPay doesn’t live up to its billing as a ‘robot lawyer,’ offers ‘substandard’ legal docs, suit claims

A would-be class action lawsuit alleges that the DoNotPay website is engaged in the unauthorized practice of law and is harming its customers by providing legal services that are “substandard and poorly done.”

Finance-related notice for Kentucky law school posted by ABA Legal Ed Section

The University of Kentucky J. David Rosenberg College of Law is not in compliance with an accreditation standard focused on financial resources, the council of the ABA’s Section of Legal Education and Admissions to the Bar recently found.

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